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The New York Times - Business
U.S. Mortgage Rates Fall to 6.2%, Lowest Since Early 2023
The average rate on 30-year mortgages declined to 6.2 percent this week, the lowest point since early 2023.8 minutes ago - Mortgage -
Financial Times - Business
Private equity-owned Springer Nature plans Frankfurt IPO
One of world’s biggest academic publishers seeks valuation of €7bn in test of appetite for European listings24 minutes ago -
CNBC - Business
How one climate startup aims to use AI to protect the power grid
As fires intensify in the western United States, utility companies are on the front lines to protect power lines, and AI is a big part of the process.32 minutes ago - Climate -
Yahoo News - World
China warns on overseas car plants
1 hour ago - China -
Inc. - Business
As UAW and Stellantis Clash, Fears of Vanishing U.S. Jobs Surface
Delays in reopening an Illinois factory highlight worries that an impasse between the auto maker and the union could eventually see 2,700 jobs disappear.1 hour ago -
Inc. - Business
As Tensions Rise, China Profits Drop for U.S. Companies
The American Chamber of Commerce in Shanghai reports only two-thirds of American busiensses operating in China were profitable in 2023.1 hour ago - China -
The New York Times - Top stories
Why House Republicans Are Targeting China Weeks Before the Election
The G.O.P. pushed through an array of legislation to get tough on China, seeking to persuade voters that they are the party that will protect Americans from economic and military threats from Beijing.1 hour ago - China -
MarketWatch - Business
Largest U.S. banks will catch a break from Fed’s capital rule changes, KBW says
Here’s what the refreshed Basel III endgame proposals would mean for JPMorgan Chase, Goldman Sachs, Morgan Stanley, among others.2 hours ago -
The Wall Street Journal - World
U.S. Natural Gas Rises on Below-Estimate Storage Build
Natural gas futures gained as the EIA reported a smaller-than-expected increase in inventories for last week, further reducing the surplus over the five-year average.2 hours ago -
The Wall Street Journal - World
Gold Rises as U.S. PPI Reading Bolsters Fed Rate Cut Case
Gold prices climbed after the latest U.S. inflation data further bolstered expectations for a standard quarter-point interest-rate cut next week.2 hours ago - Federal Reserve
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CNBC - Business
Here's the deflation breakdown for August 2024 — in one chart
Consumer prices are falling in pockets of the U.S. economy, in categories like cars, household furniture and certain groceries.59 minutes ago -
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Microsoft hires former GE CFO Carolina Dybeck Happe as new operating chief
Carolina Dybeck Happe is joining Microsoft's top leadership ranks after helping GE to bring its aviation and energy businesses public.10 minutes ago - Microsoft -
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Ajit Jain, Buffett's insurance leader for nearly 40 years, dumps more than half of Berkshire stake
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NYPD Commissioner Edward Caban resigns amid federal nightclub probe
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Interest payments on the national debt top $1 trillion as deficit swells
The August shortfall popped by $380 billion, a dramatic reversal from the $89 billion surplus for the same month a year prior.11 minutes ago